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Aug 20, 2012

NYT Politics - August 20, 2012 -: Republicans Seek Distance From Candidate After Abortion Comment

The New York Times

August 20, 2012


Republicans Seek Distance From Candidate After Abortion Comment

After Representative Todd Akin's remark about "legitimate rape," some Republican senators urged him to end his campaign or consider doing so.
Mitt Romney and Representative Paul Ryan held a town hall meeting on Monday at St. Anselm College in Goffstown, N.H.

Romney and Ryan Team Up on Trail Amid Criticism on Abortion

Democrats highlighted Paul D. Ryan's history of opposing abortion after controversial comments from a Missouri Senate candidate.

More Politics

The Caucus

Romney Condemns Akin Remarks on Rape

Mitt Romney strongly distances himself from a Republican Senate candidate's l comments on rape and abortion.
Representative Todd Akin, a Missouri Republican, is running for the Senate.

Senate Candidate Provokes Ire With 'Legitimate Rape' Comment

In an effort to explain his stance on abortion, Representative Todd Akin of Missouri said women's bodies can somehow block an unwanted pregnancy in instances of "legitimate rape."
A house in Arizona left unfinished in 2009.
A Measure of Change

Cautious Moves on Foreclosures Haunting Obama

President Obama's response to the housing crisis was deliberately subdued, and some economists believe stronger action could have softened the economic impact.

G.O.P. Packaging Seeks to Reveal a Warm Romney

Mitt Romney's campaign has recruited professionals to manage his appearance at the Republican convention, hoping to overcome his image of being stiff and aloof.

Scripture, Song and Six Grandchildren: Romneys Open Church Doors to Press

For the first time, Mitt Romney's aides invited reporters to accompany him to church services, a rare glimpse into the private life of a candidate who almost never talks about his Mormon faith.
Darla Moore, left, and Condoleeza Rice have been invited to become the first two female members of Augusta National Golf Club.

Augusta National to Add First Two Female Members

Condoleezza Rice and Darla Moore have accepted invitations to become the first female members at Augusta, home of the Masters.

The Caucus

Boehner Says Cantor Reprimanded Members Over Galilee Swim

House Speaker John A. Boehner said Monday that Representative Eric Cantor of Virginia, the majority leader, did the right thing by scolding Republican House members who jumped into the Sea Of Galilee - one of them without any clothes on - during a trip to Israel.

Mormon Democrats to Gather at Charlotte Convention

Most Mormons tilt to the Republican Party, but some are promoting their ties to the Democrats.

Before the G.O.P. Convention, a Romney To-Do List

In the coming week, Mitt Romney and Paul D. Ryan need to raise money, work on their convention speeches, prepare for the debates, generate excitement and avoid gaffes.

Romney Statement on Abortion Contradicts Ryan's Earlier Stance

In the past, Representative Paul D. Ryan has opposed abortion in the case of rape, despite a campaign statement that neither he nor Mitt Romney opposes abortion in rape cases.

Brown Calls on Akin to Quit Missouri Senate Race

Senator Scott P. Brown on Monday called on Representative Todd Akin of Missouri, a fellow Republican, to quit his Senate race, saying that his comments on rape were too far out of bounds.

Senator's Pickup Hits the Road Again

Senator Scott P. Brown has begun showing campaign ads of him driving around in the same green pickup truck that voters in Massachusetts will recognize from his 2010 race.

GATA | THE GATA DISPATCH - August 20, 2012 -: Ignore GFMS misinformation, Embry tells King World News

Ignore GFMS misinformation, Embry tells King World News

8:25p ET Monday, August 20, 2012

Sprott Asset Management's John Embry today tells King World News that the GFMS metals consultancy is a long-time purveyor of misinformation about gold and should be ignored. Western central banks, Embry adds, are operating another version of the London Gold Pool of the 1960s and it will work until it doesn't and in the meantime they are setting gold up for a "massive move." Embry's interview is posted at the King World News blog here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

NYT Global Update - August 20, 2012 - : Obama Warns of Military Action on Syria Over Chemical Weapons

The New York Times International Herald Tribune
August 20, 2012

Global Update


Obama Warns of Military Action on Syria Over Chemical Weapons

President Obama, in his most direct warning of American intervention in Syria, threatened military action if there was evidence that the government was moving its stocks of chemical weapons.

China Defers Death Penalty for Disgraced Official's Wife

Gu Kailai, the wife of Bo Xilai, received a suspended death sentence for the poisoning death of a British business associate. In the Chinese legal system, such a sentence is often commuted to life in prison.

Activist Chinese Group Plans More Anti-Japan Protests

The group that triggered heightened tensions between China and Japan by sailing to a disputed island last Wednesday plans to organize protests around the world on Sept. 18.

Interactive Feature: The TV Watch Abroad

Alessandra Stanley, the chief television critic of The New York Times, is going abroad to watch foreign television this year.


Back from the U.S.S.R.

The Russian punk band Pussy Riot did something artists always aim to do but rarely achieve: It has made people question their opinions and beliefs.

On a Bleak Holiday, Assad Makes a Display of Piety

President Bashar al-Assad's appearance seemed to be an attempt at normalcy during Id al-Fitr, a three-day holiday after Ramadan, but it renewed doubts about the strength and confidence of the Syrian government.

Family of Murdered Briton Silent on China Sentencing

Relatives of Neil Heywood, the murder victim, remained silent on the sentencing of Gu Kailai, the wife of a disgraced Communist Party leader, but friends of Mr. Heywood have publicly challenged her defense.

7 Israeli Youths Are Arrested in Assault on Palestinians

Scores of Israeli youths assaulted a group of Palestinians last week, beating one unconscious as hundreds of bystanders watched without intervening, the police said.

Clash of Cultures Upends Spain's Cajas

In Spain, the time-honored tradition of the caja as a baronial community institution came into conflict with a modern, euro-based banking economy.

E.C.B. Rejects Speculation About Its Bond-Buying Intentions

The European Central Bank actively sought to discourage reports that it might act far more aggressively to contain borrowing costs for countries like Spain.
Bits Blog

Apple Becomes Most Valuable Public Company Ever, With an Asterisk

On Monday Apple became the most highly valued public company ever, but Microsoft still holds the record when its 1999 value is adjusted for inflation.

In Apple's Patent Case, Tech Shifts May Follow

If Apple prevails in its legal dogfight with Samsung over patents, experts believe its rivals will have a stronger incentive to distinguish their smartphone and tablet products.

Secrets Learned in Apple-Samsung Trial

The problem when companies go to trial is that the public gets to hear corporate secrets.

Media Companies, Seeing Profit Slip, Push Into Education

Under pressure to expand, media companies are capitalizing on the changes that technology is bringing to classrooms.

South Africa Vaults to No. 1 Rank

Victory by 51 runs over England at Lord's gave the Proteas a 2-0 series victory and took them to the top of the official world circket rankings in place of their host.

In Sliver of Old U.S.S.R., Hot Soccer Team Is Virtual State Secret

F.C. Sheriff Tiraspol is a soccer club from Transnistria, a corner of the former Soviet empire where smuggling is rampant and the fans are often violent.

Augusta National to Add First Two Female Members

Condoleezza Rice and Darla Moore have accepted invitations to become the first female members at Augusta, home of the Masters.

Fabled Spiritual Retreat Debates Its Future

Some worry that the Esalen Institute, which helped make things like yoga and organic food part of the mainstream, is losing its relevance and becoming more corporate.

Romney and Ryan Team Up on Trail Amid Criticism on Abortion

Democrats highlighted Paul D. Ryan's history of opposing abortion after controversial comments from a Missouri Senate candidate.

Republicans Seek Distance From Candidate After Abortion Comment

After Representative Todd Akin's remark about "legitimate rape," some Republican senators urged him to end his campaign or consider doing so.
Op-Ed Contributor

The Wrong Reasons to Back Pussy Riot

The group has shown as much contempt for capitalism and other Western values as it has for Putinism.
Op-Ed Columnist

Collision Course

There are dangers inherent in Mitt Romney's proposed war against the "managed decline" of America.
Op-Ed Contributor

Testing What We Think We Know

The truth is that for a large part of medical practice, we don't know what works. But we pay for it anyway.

DealBook | DealB%K Afternoon Edition - August 20, 2012 -: Hedge Fund Manager Found Guilty of Insider Trading

Monday, August 20, 2012
Hedge Fund Manager Found Guilty of Insider Trading After less than a day of deliberations, a federal jury found Doug Whitman of Whitman Capital in Menlo Park, Calif., guilty of earning about $1 million in illegal profits trading technology stocks, including Google and Polycom.
    Financier Gets Nod as One of 2 Women Admitted to Augusta National To break an 80-year-old ban against admitting female members, the Augusta National Golf Club turned to two women with distinguished careers. One is Darla Moore, a former banker turned financier whose negotiating toughness is the stuff of legend.
    News Analysis: Could Mortgage Relief Have Been Stronger? The Treasury Department has a favorite explanation for why its anti-foreclosure programs didn't keep more people in their homes: the mortgage banks were too messed up to put the plans into effect. But how accurate is this version of history?
    White Collar Watch: When the C.E.O. Is Involved in an Insider Trading Case Peter J. Henning says that James V. Mazzo, the chief of Advanced Medical Optics, may have some legal strategies to defend against insider trading charges by the Securities and Exchange Commission.
    Aetna Shares Rise as Investors Applaud Coventry Deal Shares of Aetna jumped as much as 5 percent on Monday after the company announced its $5.7 billion planned takeover of Coventry Health Care, as investors applauded the move toward more industry consolidation.
    Aetna to Buy Coventry Health Care for $5.7 Billion Aetna announced on Monday that it would buy Coventry Health Care for about $5.7 billion in cash and stock, in a move by the insurer to push further into government-backed programs like Medicaid.
    After Microsoft Deal, Yammer Chief Issues Gloomy Forecast for Silicon Valley's Start-Ups David O. Sacks, the chief executive of Yammer, who recently sold his business to Microsoft for $1.2 billion, is suddenly bearish on start-ups. On Saturday, he wrote on Facebook: "I think Silicon Valley as we know it may be coming to an end."
    Deal Professor: How Instagram Could Have Cut a Better Deal Steven M. Davidoff says that when negotiating a sale, Instagram's founders could have protected themselves from a decline in Faceook's share value if they had used some common merger tools.
    Kinder Morgan to Sell Assets to Tallgrass for $1.8 Billion Kinder Morgan Energy Partners has agreed to sell some pipeline and processing properties to Tallgrass Energy Partners for about $1.8 billion in cash, in the latest asset sale by the company in the wake of its takeover of the El Paso Corporation.
    After Antitrust Ruling, BAA to Sell a London Airport The British airport operator BAA has agreed to sell Stansted Airport, a base for many of Europe's low-cost airlines. Potential buyers include the British firm Manchester Airports Group and the Incheon International Airport Corporation.
    Best Buy Names Hospitality Executive as New Chief
    Best Buy Names Hospitality Executive as New Chief Best Buy named the chief of the hospitality company Carlson as its new leader. The selection of Hubert Joly is likely to be the first of several disclosures the company plans to make to assure investors that it can turn around its fortunes.
    Treasury Names Chief of Anti-Money Laundering Unit The Treasury Department named Jennifer Shasky Calvery on Monday as the director of the financial crimes enforcement network, the Treasury unit that combats money laundering and other illicit financial activity. She had worked at the Justice Department, where she headed the asset forfeiture and money laundering section.
    Obama's Approach to Fund-Raising Ruffles Wall St. Feathers President Obama's uneasy relationship with the financial industry extends beyond public rhetoric, Jane Mayer reports in The New Yorker. Even at high-priced events, some supporters have complained that Mr. Obama did not give them enough attention, Ms. Mayer writes.
    Angelides Laments 'Unrepentant' Bankers Phil Angelides, who was chairman of the Financial Crisis Inquiry Commission, addresses the recent string of Wall Street scandals in an op-ed piece in The San Francisco Chronicle. "That too much of Wall Street remains unchanged is not surprising," he writes. "Simply stated, the banks and their leaders have paid no real economic, legal or political price for their wrongdoing and thus have not felt compelled to change."
    Corporate Earnings Companies reporting results on Tuesday will include Best Buy, Barnes & Noble, Medtronic and Dell.
    In the United States Closing arguments are expected in the patent trial between Apple and Samsung on Tuesday. The president of the Atlanta Federal Reserve Bank, Dennis P. Lockhart, a voting member of the Federal Open Market Committee, speaks.


Financial and Forex Info | The Australian Capital Cricle: Labor closing poll gap

Labor closing poll gap
LABOR'S primary vote has received a boost in the latest Newspoll but Julia Gillard remains on the nose with voters.

On the second anniversary of the last election the ALP's primary vote is now at 35 per cent, up from 33 per cent in the last poll and 28 per cent in mid-July. The Coalition's primary vote has remained steady at 45 per cent. But Julia Gillard is still unpopular with voters. Satisfaction with the job she's doing has fallen from 29 per cent to 27 per cent and dissatisfaction remains virtually unchanged at 60 per cent. The Coalition maintains its election-winning lead on a two-party-preferred basis of 53 per cent to Labor's 47 per cent (Oz).

The Prime Minister's old law firm Slater & Gordon considered sacking her during a 1995 secret probe into work she had done for her then boyfriend, a union boss accused of corruption, because her relationship with the firm's partners had "fractured, and trust and confidence evaporated" (Oz).

Ms Gillard last night stared down employers over their support for individual contracts by declaring in a speech that enterprise bargaining is the best workplace model to drive productivity growth (Oz), ( SMH), (Fin Review), (Herald Sun).

Tony Abbott has gone into damage control after telling an education forum that public schools already receive more than enough funding and private schools are unjustly treated ( Read more...
Peter Brent
Peter Brent
Personal votes on Saturday
When Northern Territorians go to the polls in six days time, there’s likely to be a swing to the Country Liberal Party opposition. Some seats…
More Peter Brent

CBS NEWS | Political Hotsheet Top Stories: Obama attack ad refocus on the economy

The CBS News Political Hotsheet newsletter


Restore Our Future is spending $10.5 million, its largest advertising buy, on television ads in 11 swing states leading up to the Republican convention next week
Read full story
Obama attack ad refocus on the economy

Obama: Attacks on Romney not President defends tone of his campaign during news conference, says Romney is crossed the line with false welfare attack

Romney to Obama on taxes: start telling the truth GOP ticket fields foreign policy questions together for the first time

Akin apologizes; Obama says GOP Senate candidate won't drop out despite building GOP pressure; Obama says incident shows gulf between Democrats and Republicans

Romney hits Obama on welfare, again This is the second time this month the Romney campaign has launched an offensive criticizing the president on welfare